Report provided by the Space Coast Association of Realtors
A quick recap of the Brevard County Residential Report for June
2019:
- Closed Sales are
down 3.5% for June
2019 in which the number of units closed was 924 compared to 958 in June
2018, with a decrease
in cash sales of 9.3% compared to June 2018.
- New Pending
Sales are up +0.3% and
New Listings are down -10.3%.
- The Median Sales
Price for Brevard Single Family homes is up 7.8% to $248,000 compared to a year ago, which
was $229,950.
- Months Supply of
Inventory is down -6.5% to
2.9 months, a decrease from 3.1 months in June 2018.
- Traditional
Sales are down 1.2%, with
a median sales price of $249,250.
- Foreclosure/REO
Sales are down 69%, with 9
sales and a median sales price of $130,000.
- Short Sale
Closings are down 75% with
1 closed sale in June 2019 compared to 4 sales in June 2018.
A quick recap of the Brevard County Townhouses/Condos for June
2019:
- Closed Sales are
up 7.2% for June 2019
in which the number of units closed was 239 compared to 223 in June 2018, with a decrease in cash sales of
-8.3% compared to June 2018.
- New Pending
Sales are up 26.5% and
New Listings are up 30.6%.
- Median Sales
Price for Townhomes/Condos is up 14.3% to $200,000 compared to a year ago, which
was $175,000.
- Months Supply of
Inventory increased 14.7% to
3.9 months in June 2019 from 3.4 months in June 2018.
- Traditional
Sales are up 7.3%, with
a median sales price of $200,000.
- Foreclosure/REO
Sales are up 50%, with 3
sales and a median sales price of $133,000.
- Short Sale
Closings are down 50% with
1 closed sale in June 2019 compared to 2 sales in June 2018.
JoAnn Young - Young & Young Properties - 321-243-4917
